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Happiest Minds signed definitive agreements to merge with ITC Infotech, targeting US$1 billion annual revenue by FY28. ITC Infotech will acquire a 22.1% promoter stake for ₹1,330 crore; Happiest Minds shareholders receive 25 ITC Infotech shares per 81. Completion requires approvals. Context: confirms the previously unconfirmed stake transaction.
Happiest Minds Approves ITC Infotech Merger And ₹1,330 Crore Promoter Sale
Happiest Minds Board Approves ITC Infotech Merger, Announces 22.1% Promoter Stake Sale
Happiest Minds Board Approves ₹1,330 Crore Merger With ITC Infotech
Happiest Minds Approves ITC Infotech Merger And Agrees ₹1,330 Crore Stake Sale